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Axis Max Life Online Savings Plan Plus is a unit-linked, non-participating individual life insurance savings plan. It combines life insurance protection with market-linked investment through a choice of plan variants, investment funds and strategies. The policyholder selects a variant and premium payment option at inception. The maturity benefit is generally based on the policy fund value, while death benefits depend on the chosen variant and policy terms. Investment returns are not guaranteed.
5 variants, zero premium allocation charges and flexible fund choices
This plan may suit people seeking life cover alongside long-term, market-linked investment and who understand that their fund value can fluctuate. Compare the available variants, cover multiple, premium payment term, policy term and applicable charges before choosing. Zero premium allocation charges do not mean the policy is charge-free. Review the official benefit illustration and policy document carefully, and do not treat illustrated investment returns as guaranteed outcomes.
Axis Max Life
Key Insights
Founded
2000
Axis Max Life was established 26 years ago and has built strong credibility over time, backed by its long-standing presence in the market.
Claims Experience
99.7% CSR, calculated as a 3-year average
Axis Max Life settles 99.7% of all claims it receives, demonstrating strong credibility.
Contact Details
1860-120-5577
Headquarters: Jacaranda Marg, DLF Phase 2, Sector 25, Gurugram, Haryana – 122002, India
Provides a death benefit according to the selected variant and policy conditions.
The amount payable depends on policy terms and applicable benefit calculations.
The policy fund value depends on the performance of the selected investment funds.
Returns are not guaranteed and investment risk is borne by the policyholder.
No premium allocation charge is deducted under the plan.
Other applicable charges, including fund management and policy administration charges, may apply.
Eligible policyholders may receive a return of 125% or 150% of policy administration charges, depending on policy term.
Conditions apply, including the policy remaining in force and premiums being paid as required.
Gold, Platinum and Titanium variants include future premium funding benefits; Gold and Platinum also provide a family income benefit.
The applicable benefit depends on the selected variant.
Optional rider cover may be available for an additional premium, subject to eligibility and rider terms.
Confirm current rider availability and conditions with the insurer.
An optional rider may be available to enhance protection.
Additional premium and eligibility conditions apply; confirm availability before purchase.
Conditions or treatments that the policy clearly says it will not cover.
Insurer
Axis Max Life plans and claim process
It is a unit-linked individual life insurance savings plan that combines life cover with market-linked investment.
The official product page lists a minimum regular premium of ₹500 per month for eligible options. Minimums can vary by premium payment option and variant, so check the current prospectus.
No. The fund value depends on market performance and selected funds. Illustrated returns are not guaranteed.
Disclaimer: Premium amounts are indicative and may vary based on age, health, and plan selected. Claim settlement ratios are from IRDAI Annual Reports. Finzony is not an insurance broker or agent. Verify all details on the official Axis Max Life website before purchasing.
Official Website
maxlifeinsurance.com
Visit the official Axis Max Life website for plan brochures, premium quotes and policy services.
The aforementioned ratios have been averaged over three years (FY24-FY26)
Yes. It provides life cover, with death benefits determined by the selected variant and policy terms.
The plan has zero premium allocation charges, but other applicable charges may still be deducted.
ULIP rules restrict complete or partial withdrawals during the first five policy years. Refer to the policy document for applicable conditions.
Optional riders may be available for an additional premium, subject to current availability, eligibility and rider conditions.